MNEWS

121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY); Total number of subscribers registered under APY as on 12th April 2018 has crossed 97.60 lakhs. Atal Pension Yojana (APY) is being implemented through the APY Service Providers comprising of Public Sector Banks(PSBs), Private Sector Banks, Regional Rural Banks (RRBs), Cooperative Banks and Department of Post both in urban and rural areas across the country. The total number of subscribers registered under APY as on 12 th   April 2018 has crossed 97.60 lakhs. The scheme provides for a co-contribution from Government of India for those who have registered before 31/3/2016 with an amount of 50% of the subscribers contribution up-to a maximum of Rs. 1000/- and these subscribers will be eligible for co-contribution for a period 5 years from 2015-16 to 2019-20 only those subscribers who are not income tax payers and not part of any other social security schemes are eligible for Gove...

GreenCo rating implemented in 42 production units and workshops of Indian Railways Pursuing sustainable growth through preserving the environment is one of the hallmarks of Indian Railways. To further spread its green initiatives, Indian Railways had entered into partnership with the Confederation of Indian Industry (CII) in July 2016. As part of this partnership, CII is facilitating various railways’ production units, workshops and other units go the Green way and in the process equipping them to green the operations and practices. CII’s GreenCo Rating System is a first-of-its-kind rating in the world that facilitates companies in improving their overall green performance. GreenCo focus on major environmental areas including- energy efficiency, renewable energy, water conservation, waste management, resource conservation, green supply chain, product stewardship and life cycle assessment. As on date, GreenCo Rating is being implemented in 42 facilities (production ...

Prime Minister Shri Narendra Modi has wished people on World Health Day.  PM said, " Good health is the foundation of human progress. This World Health Day, I wish all of you remain in the best health and continue to scale new heights of growth.  I welcome the theme ‘Universal health coverage: everyone, everywhere’ that has been chosen by WHO and others. It is the quest for Health For All that inspired us to create Ayushman Bharat, the largest healthcare programme in the world. "

Raksha Mantri Smt Nirmala Sitharaman , who is on three-day visit to Russia to attend ‘VII Moscow Conference on International Security’ from 03 to 05 April 2018, addressed the II Plenary Session of the Conference on the theme titled ‘Global Security in a Polycentric World’ covering aspects related to current global defence, security and strategic scenario on April 4 in the Russian capital.  Raksha Mantri stated that for India, cooperation with Russia is vital in ensuring stability and security in our shared Eurasian neighbourhood, especially in addressing the menace of terrorism. She also spoke about terrorism in the region, persistence of instability in Afghanistan, rising threats to security in the wider Asia Pacific region, non-traditional security challenges such as climate change, food and energy insecurity, financial instability and the need for cooperation amongst the countries to address these issues. Following is the full text of the address delivered by Rak...

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the transfer of administrative control of Hemisphere Properties India Ltd. (HPIL), PSU from the Department of Telecommunications (DoT) to the Ministry of Housing and Urban Affairs (MoHUA) after infusion of equity amounting to Rs. 700 crore and Rs. 51 cr. secured GOI Loan into the Company and implementation of scheme of arrangement for de-merger of surplus land. Details: Infusion of equity amounting to Rs 700 Crores into Hemisphere Properties India Ltd. (HPIL) the Company for acquisition of 70 Crore Cumulative Redeemable Preference Shares of Rs. 10/- each at par on private placement basis and Rs. 51 cr. through secured Loan from GOI at coupon rate/ interest rate to be fixed by the Department of Economic Affairs and to implement the scheme of arrangement. b)     Granting an exemption to HPIL from the policy of Government of India relating to Foreign Direct Investment in real estate busi...

The Defence Accounts Department is entrusted with the responsibility of maintaining the pay accounts of million plus Jawans and JCOs of Indian Army . The Pay Accounts Offices (PAOs) of this department are at the forefront of the concerted efforts that are being put in to ensure that these men get their correct dues within reasonable time frame. An important requirement to meet the expectations of the end user and ensuring their contentment is that the JCOs/ORs understands their dues and their entitlement. If they further appreciate the processes involved in acceptance or denial of any dues, it would equip them with enough knowledge to have better awareness to contest entitlement inconsistencies, if any. This handbook was conceptualized with the aim to provide more grasp on the rules of entitlement as well as to have complete transparency of procedures in the PAOs. This first edition contains all the procedures right from the inception stage of publishing and processing o...

Government has provided financial assistance to women entrepreneurs in setting up 14,768 projects in 2016-17 under Prime Minister’s Employment Generation Programme (PMEGP) aimed at generating employment in rural and urban areas of the country. A total of over Rs.389.49 crore subsidy was disbursed for these projects. Minister of State (Independent Charge)for Micro, Small and Medium EnterprisesShri Giriraj Singh informed this to Rajya Sabha in a written reply today. The maximum number of 1,484 projects were from Assam, followed by 1,387 in Uttar Pradesh, 1,248 in Tamil Nadu, 942 in Odisha, and 915 in Bihar, besides other States/UTs with varying number of projects. Under the PMEGP scheme women entrepreneurs are provided 25% and 35% subsidies for the project set up in urban and rural areas respectively. The maximum cost of the project under PMEGP scheme is Rs. 25 lakhs for manufacturing sector units and Rs.10 lakhs for units under service sector. For women ...